Retail sales fell unexpectedly in January in the United States and the number of Americans filing new claims for unemployment benefits rose last week, in the latest signs of slowing economic growth early in the first quarter.The Commerce Department yesterday said retail sales fell 0.4 percent last month, led by a drop in automobile sales.Economists polled by Reuters had forecast flat retail sales in January.Sales in December were revised to show a 0.1 percent fall instead of the previously reported 0.2 percent rise.The second month of declines in sales likely reflected frigid temperatures across many parts of the country.
Chinese social networking and video game giant Tencent Holdings Ltd, which owns 17.6 percent of JD.com, will also take a 3.3 percent stake in Bitauto.Beijing-based JD.com will acquire 25 percent of Bitauto, giving China s second-biggest e-commerce company a foothold in automobile sales. Bitauto www.buycheapjordans2017.com will in turn benefit from JD.com s much larger audience and brand recognition, as the online retailer drives traffic to the car sales specialist.China s vehicle market, the world s biggest, may expand 7 percent this year, roughly matching last year s growth, although just half the pace of 2013 as the economy slows, according to the China Association of Automobile Manufacturers.Other specialist areas attracting players like JD.com, Alibaba, Tencent and Baidu Inc include tourism and pharmaceuticals. Last month, JD.com and investment firm Hony Capital led Cheap Air Jordans for Sale a US$148 million round of funding in travel company Tuniu Corp.Alibaba invested 2.81 billion yuan (US$454 million) in a hospitality technology provider in September to help the e-commerce firm develop its own travel business..
CHINA'S consumer prices may rise again in April after natural disasters shattered some regions, but analysts did not expect an immediate interest rate increase. The Consumer Price Index, the main gauge of inflation,
Authentic Jordans for Sale, may expand between 2.6 percent and 3 percent from a year earlier in April, some analysts said. The National Authentic Jordans Bureau of Statistics is scheduled to announce the figure next Tuesday. The expected rate is higher than the 2.4 percent increase in March and may break this year's record of a 2.7-percent rise in February. "With several disasters hitting southwest China and elsewhere in March, April consumer prices may pick up again,
www.cheapauthenticjordans2017.com," said Dong Xian'an, chief economist at the Industrial Securities Co. He anticipated a gain of 2.8 percent in April. Li Huiyong, an analyst at Shenyin & Wanguo Securities Co, estimated a CPI increase of 2.6 percent in April. "Food costs are rising quickly, and are becoming a driving force of the growth in consumer prices," Li said. Parts of southwest China suffered from the worst drought in more than a century in March, followed by snow in northwest China and an earthquake in Qinghai Province last month. The natural disasters left millions of people short of daily necessities and huge areas of farmland barren,
Cheap Jordans for Sale, which may affect the output of food and other necessities. The National Bureau of Statistics has reported rising prices in pork, vegetables and some fruits. A note by the China Securities Co Ltd said food prices may jump 5.5 percent year on year in April, up from the gain of 5.2 percent in March.
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